After years of speculation about the future of one of South Canterbury's most iconic landscape buildings, the owners of Timaru's Hydro Grand Hotel have announced that they have engaged Buchan Group Architects to design an exciting new development incorporating a 68 room hotel, commercial office space, food retail outlets and upmarket residential apartments and penthouse suites on the existing Bay Hill site overlooking Caroline Bay.
Harcourts Blackham & Co Real Estate have been appointed as exclusive marketing agents for the residential apartment stage of the complex which will offer 32 high-quality stratum estate apartements and penthouses featuring one, two or three bedroom layouts on each level and access to car-parking amenities under the adjacent hotel building.
Investors looking for a sound, long-term investment or Kiwis working abroad who desire a comfortable nest for breaks back home in New Zealand will see the merit in the option of dual-key access to some apartments with ongoing regular income potential from a management agreement with the hotel operator.
But the cre'me-da-la-cre'me of this long-awaited development are the premium penthouse apartments on the top level which will offer unparalleled levels of refined comfort together with panoramic vistas over the Piazza and Caroline Bay to the Southern Alps in the distance. Imagine waking to the snowy mountain tops on our crystal clear winter mornings while sitting out on your sunny patio enjoying a steaming hot coffee and croissants purchased from the caf'e below.
If you desire a life of leisure over labour, then the lock-up and leave concept of these apartments will tick all the right boxes. Forget about lawns and gardens - just think about golf days or holidays.
Although it is early yet in the planning stage and final plans and prices are yet to be confirmed, it is highly expected that there will be a lot of interest from potential buyers both locally and afar, but while the consenting process is under way, there is only limited information available.
Once local body planing approval is given, a full marketing programme will commence through Harcourts Blackham & Co Real Estate and those who have given their contact details to Harcourts will recieve full information packs including floorplan layouts, chattel lists, body corporate structure and fees ect, as well as information on how to buy your preferred apartment.
Early interest and support has already been strong from the local community, but those who would like to find out more about the development and register your interest should contact Stewart Burgess, the project marketing manager from Harcourts Timaru, or your preferred Harcourts consultant.
Stewart and the sales team at Harcourts Blackham & Co Real Estate are very excited about being involved in the marketing and sale of this proposed new apartment complex. It will be a smart, modern, vibrant addition to the Timaru landscape, one that they feel is long overdue in Timaru and will quickly resonate with those looking to secure a comfortable, seaside lifestyle like no other in South Canterbury with the beach, shopping and restaurants/cafes within easy walking distance of your front door.
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